On Our Radar

On Our Radar

Consumer/Non-Cyclical Sector Wrap

On a trading day that saw the S&P 500 gain 0.8%, the Consumer/Non-Cyclical sector (XLP) showed little change.

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The ETF has moved up across its 50-day moving average of $33.57 today. The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Entering today's trading, XLP was down 1.6% over the last seven trading days while the S&P 500 climbed -3%.

Coffee (JVA) was a major gainer in the sector, rising 13% (+$1.12) to close at $9.71 with 963,711 shares moving. The stock traded in a range of $8.72 to $9.74. The share price has been decreasing in the last month, down $3.15 (-24.5%) from $12.86 on March 12, 2012.

Standard Register (SR) was a major loser in the sector, falling 6.5% (-7 cents) to close at $1.01 with 55,908 shares moving. The stock traded between $1.01 and $1.14.

United Natural Foods (UNFI) rose 3.4% to close at $46.42, crossing its 50-day moving average of $46.36.

Limoneira Company (LMNR) rose 8% to close at $17.08, approaching its 50-day moving average of $17.41. It has also moved closer to its 200-day moving average of $17.33. The J.M. Smucker Company (CHSCP) fell 0.6% to close at $79.79, moving closer to its 50-day moving average of $78.39. Also, the stock moved closer to its 200-day moving average of $29.46.

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Starbucks Corporation (SBUX) hit a new 52-week high today, reaching $59.32 to top the previous high of $58.47.